[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

BGonline.org Forums

Live Tournament Observations

Posted By: Marty Storer
Date: Tuesday, 8 March 2011, at 2:33 p.m.

In Response To: Live Tournament Observations (Stanley E. Richards)

Stanley said: "If this was online gambling at any stake, I would take without delay. The difference is that with online gambling I expect to play hundreds of games in a relatively small amount of time. With the increased sample size, I know that I will be ahead if I take this cube. With entertaining, socially interactive chouettes, there will not be so many games. Thus, the law averages may not justify the take."

By similar logic, if you're playing the last game of the night (or weekend or whatever the chosen time frame), you should drop a cube if you're the underdog. You won't be playing a sufficient amount of games in the time frame for the "law of averages" to apply.

It makes more sense to view all games, online or in-the-flesh, whenever and wherever you play them, as part of the large number of games you plan to play in your lifetime. In other words, chase equity (as equity is conventionally and usefully defined) and don't set short-term goals that conflict with decisions that maximize equity.

Messages In This Thread

 

Post Response
Your Name:
Your E-Mail Address:
Subject:
Message:

If necessary, enter your password below:

Password:
 

 

[ View Thread ] [ Post Response ] [ Return to Index ] [ Read Prev Msg ] [ Read Next Msg ]

BGonline.org Forums is maintained by Stick with WebBBS 5.12.